Rapid7 (NASDAQ:RPD) Releases Q3 2026 Earnings Guidance

Rapid7 (NASDAQ:RPD) issued an update on its third quarter 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.440-0.470 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $208.0 million-$210.0 million, compared to the consensus revenue estimate of $210.5 million.

Rapid7 Trading Up 0.3%

Shares of Rapid7 stock traded up $0.04 during trading on Monday, hitting $11.61. The company’s stock had a trading volume of 3,256,918 shares, compared to its average volume of 2,136,736. The stock has a market cap of $775.90 million, a price-to-earnings ratio of 33.17 and a beta of 0.97. Rapid7 has a 52 week low of $4.97 and a 52 week high of $21.78. The stock has a 50-day moving average price of $9.18 and a two-hundred day moving average price of $7.96. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.78 and a quick ratio of 0.78.

Rapid7 (NASDAQ:RPD) last announced its earnings results on Monday, August 10th. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.35 by $0.09. Rapid7 had a return on equity of 34.35% and a net margin of 2.61%.The firm had revenue of $210.88 million for the quarter, compared to the consensus estimate of $208.23 million. Rapid7 has set its Q3 2026 guidance at 0.440-0.470 EPS. Equities research analysts anticipate that Rapid7 will post 0.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Barclays reduced their target price on Rapid7 from $8.00 to $6.50 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Raymond James Financial set a $8.00 target price on shares of Rapid7 in a research note on Wednesday, May 6th. Robert W. Baird set a $8.00 target price on shares of Rapid7 in a report on Wednesday, May 6th. Scotiabank cut their price target on shares of Rapid7 from $9.00 to $7.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, Mizuho upped their price target on shares of Rapid7 from $8.00 to $11.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Seventeen investment analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $9.03.

Institutional Trading of Rapid7

Several large investors have recently made changes to their positions in the company. First Trust Advisors LP increased its position in Rapid7 by 48.3% in the 4th quarter. First Trust Advisors LP now owns 2,326,056 shares of the technology company’s stock valued at $35,356,000 after buying an additional 758,009 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Rapid7 by 1.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,876 shares of the technology company’s stock worth $40,716,000 after acquiring an additional 34,438 shares in the last quarter. Geode Capital Management LLC grew its stake in Rapid7 by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 1,462,653 shares of the technology company’s stock valued at $22,236,000 after acquiring an additional 78,448 shares during the period. Marshall Wace LLP increased its holdings in shares of Rapid7 by 23.3% during the fourth quarter. Marshall Wace LLP now owns 1,404,686 shares of the technology company’s stock valued at $21,351,000 after acquiring an additional 265,413 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Rapid7 by 4.5% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,195,228 shares of the technology company’s stock valued at $18,167,000 after acquiring an additional 51,053 shares in the last quarter. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Rapid7 Company Profile

Rapid7, Inc is a publicly traded cybersecurity company headquartered in Boston, Massachusetts. Since its founding in 2000, the company has specialized in delivering cloud-based security data and analytics solutions designed to help organizations detect, investigate, and remediate cyber threats. Rapid7 operates under the NASDAQ symbol “RPD” and serves a broad range of industries, including technology, financial services, healthcare, retail, and the public sector.

The core of Rapid7’s offering is its Insight platform, a unified, cloud-native security operations and analytics suite.